Burgess, Simon (1992) Matching and unemployment dynamics in a model of competition between employed and unemployed job searchers. CEP discussion paper (70). London School of Economics and Political Science. Centre for Economic Performance, London, UK.
Full text not available from this repository.Abstract
This paper considers the dynamics of the labour market from a matching perspective, but allows for job search by the employed. In particular, the endogeneity of employed job search is shown to be important and significantly alters the nature of the labour market dynamics implied by the model. We discuss implications for transition rates into jobs and optimally chosen search intensity. We show that empirical estimates of matching functions need to be reinterpreted under this assumption, and show the interrelationship between the labour market flows and job creation and destruction to be rich and complex.
| Item Type: | Monograph (Discussion Paper) |
|---|---|
| Official URL: | http://cep.lse.ac.uk |
| Additional Information: | © 1992 Simon Burgess |
| Divisions: | Centre for Economic Performance |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor |
| Date Deposited: | 21 Aug 2008 09:39 |
| Last Modified: | 13 Sep 2024 19:33 |
| URI: | http://eprints.lse.ac.uk/id/eprint/21056 |
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